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Scottsman Guide

Tag: Mortgage

Mortgage demand plummets as rising rates scare away homebuyers

Purchase and refinance applications both declined last week: MBA

Senate passes VA mortgage assistance bill aimed at preventing foreclosures

The Senate unanimously passed a VA mortgage assistance bill that would create a safety net for veterans who are late on their mortgage payments

The VA Home Loan Program Reform Act now just needs President Trump’s signature to become law

FHFA answers questions on VantageScore rollout, policy updates

Director Bill Pulte shared an FAQ on social media about the ‘interim phase’ of the initiative

Power Moves: Notable mortgage industry additions and promotions thus far in July

Title Resources Group, AFSA, Compass and AnnieMac are among the mortgage-related companies and associations with notable hires and promotions in July

Title Resources Group, AFSA, Compass and AnnieMac are among the mortgage-related companies and associations with recent hires and promotions

Featured Top Originator: Jane Floyd

In Florida, one of the most populous states in the country, Floyd ranked No. 20 among all originators

HUD disbands task force created to root out home valuation bias

The move is part of a broader Trump administration push to end DEI programs

FHFA alleges FICO used intimidation tactics following VantageScore 4.0 rollout

The VantageScore credit scoring model provides an alternative to the FICO score

Fannie Mae’s title waiver pilot program gets second vendor

Westcor joins Doma as title insurance companies working with Fannie Mae

Mortgage rates rise following robust jobs report

Following five weeks of declines, the 30-year fixed-rate mortgage gained five basis points to average 6.72% for the week ending June 10

The gains to 30-year and 15-year rates follow five weeks of declines: Freddie Mac

Mortgage denial rates are nearly double for Black applicants: LendingTree

Mortgage denial rates for Black applicants were 19% in 2024, 1.7 times higher than the rate for all applicants, per LendingTree

A third of all mortgage denials for Black applicants in 2024 were due to debt-to-income ratios

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